Ethiopia: Market for Domestic, Non-Electric, Cooking Or Heating Appliances 2024

Market Size for Domestic, Non-Electric, Cooking Or Heating Appliances in Ethiopia

For the fourth year in a row, the Ethiopian market for domestic, non-electric, cooking or heating appliances recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption saw a abrupt decrease. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Exports of Domestic, Non-Electric, Cooking Or Heating Appliances

Exports from Ethiopia

In 2022, exports of domestic, non-electric, cooking or heating appliances from Ethiopia reduced remarkably to X units, with a decrease of X% compared with 2021. Overall, exports, however, showed a pronounced expansion. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of domestic, non-electric, cooking or heating appliances fell dramatically to $X in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports of attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for exports of domestic, non-electric, cooking or heating appliances from Ethiopia, with a X% share of total exports. Moreover, exports of domestic, non-electric, cooking or heating appliances to the United States exceeded the volume sent to the second major destination, Turkey (X units), sixfold. Tanzania (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Tanzania (X% per year).

In value terms, the United States ($X) emerged as the key foreign market for domestic, non-electric, cooking or heating appliances exports from Ethiopia, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Germany (X% per year).

Export Prices by Country

The average export price for domestic, non-electric, cooking or heating appliances stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the export price showed a sharp contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Kenya ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (X%), while the prices for the other major destinations experienced a decline.

Imports of Domestic, Non-Electric, Cooking Or Heating Appliances

Imports into Ethiopia

For the fourth year in a row, Ethiopia recorded decline in supplies from abroad of domestic, non-electric, cooking or heating appliances, which decreased by X% to X units in 2022. In general, imports continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of domestic, non-electric, cooking or heating appliances dropped dramatically to $X in 2022. Overall, imports saw a deep contraction. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main domestic, non-electric, cooking or heating appliance supplier to Ethiopia, with a X% share of total imports. Moreover, imports of domestic, non-electric, cooking or heating appliances from China exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X units), sixfold. The United Arab Emirates (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and the United Arab Emirates (X% per year).

In value terms, China ($X) constituted the largest supplier of domestic, non-electric, cooking or heating appliances to Ethiopia, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average import price for domestic, non-electric, cooking or heating appliances amounted to $X per unit, which is down by X% against the previous year. Overall, the import price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then dropped markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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